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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Hello and welcome to the 316th Carnival of Personal Finance- Family Edition. This past weekend I headed out west with my husband, brother, and his girlfriend to help my parents move into their new house. Big Cajun Man from THE Canadian Personal Finance Site asks What is Your Financial Plan B?

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The 5 Most Important Personal Finance Lessons to Teach your Child

Prairie Eco-Thrifter

Before you get ready to shove those kids of yours out of the nest, here are what I consider to be (based on my experience as a person, a Mom, and a Grandma) the most important things you (or someone) should teach them about personal finance. Neither would you want the bank or institution to rip you off.

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Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

But you are a super busy parent, with work, continuing education, business travel, your kid’s other activities, church and the myriad of other things that demand your time and attention. When you get home with the groceries. Org – Various resources to teach personal finance. Food Related.

Money 187
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How to Teach Your Kids About Money and Business – Take A Family Field Trip

Prairie Eco-Thrifter

You can have a fun, and usually inexpensive time helping them learn by showing them companies, factories and banks in action. Teach your kid about banking and currency creation. You can tour several federal reserve banks in different parts of the company. In Kansas City, all ages can visit the Money Museum.

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Financial Lessons for Kids that Actually Worked

Prairie Eco-Thrifter

With so many things that we parents have to teach our children, from using the potty to being a good and decent citizen, it’s no wonder that financial lessons sometimes get pushed aside in favor of more immediate needs in raising our kids. Take them to the bank and let them see you make your deposits. Take them into the bank.

Work 100
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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

I remember thinking about how wonderful it would be to not have to worry about whether we had enough to pay for the propane gas to heat our home. Managing your finances gets a lot more complex and time consuming. Gone were the days of having one bank account and only having to keep very simple records.

Money 247
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Over 40 and Worried about Money? Start here!

Family Balance Sheet

The cost of college education is crushing and many parents feel compelled to assist or pay for the entire tuition. ” Recently Go Banking Rates conducted two studies on savings rates with startling results. Almost 70% of Generation X have less than $1000 in personal savings account. *. But we must change these statistics.